City firms to announce Dublin relocation plans within weeks

Banks, asset managers and fintech firms are looking at Dublin as their EU base after Brexit, but that doesn't mean they are giving up on the UK

Dublin's finance district
iStockphoto

By

Lucy McNulty

April 4, 2017 Updated: April 7, 2017 11:27 a.m. GMT

"Several" banks, asset managers and other financial services firms are expected to announce within weeks that they have chosen to use Dublin as their European Union base, according to a senior executive at Ireland’s foreign direct investment agency.

Kieran Donoghue, executive vice president and head of international financial services at the Irish International Development Agency, told the audience at a seminar hosted by law firm Herbert Smith Freehills in London, that the IDA has had more than 80 Brexit-related...